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Reasonable Cause is based on all the facts and circumstances in the taxpayer’s situation.  The IRS will consider any reason which establishes all ordinary business care and prudence was used to meet your Federal tax obligations but were nevertheless unable to do so. Typical Situations The IRS will consider any sound reason for failing to file […]

There are times where you agree with the IRS that you owe taxes, but you can’t pay due to your current financial situation. If the IRS agrees that you can’t both pay your taxes and your reasonable living expenses, it may place your account in Currently Not Collectible (CNC) (hardship) status.

If your Collection Statute Expiration Date (CSED) is near, the IRS may act aggressively to get you to pay as much as possible before the deadline or agree to extend it.

Posted on September 18, 2017 in IRS

CPAs, Enrolled Agents and attorneys can represent taxpayers at all levels before the IRS.  The first step in resolving tax disputes with the IRS is to understand the taxpayer’s rights and the alternative defenses available. Although understaffed, Collections is still a significant activity of the IRS. There are specific procedures the IRS must follow during […]

Porterville, Calif.: Preparer Marie E. Sherrill, 56, has pleaded guilty to one count of wire fraud and one count of aiding the preparation of a false return. According to the plea agreement, Sherrill promoted a fraudulent investment program that promised the victims that their money would be put into “pooled investments” with the money of other […]